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Eastern Europe

New financing options for SME to emerge – Romania’s...

The draft bill for the creation of the Romanian Development Bank was approved by the Senate... (more…)

#bank#financial institution#guarantees

Latvian SMEs have good access to finance according to...

In general, small and medium-sized enterprises (SMEs) in Latvia have good access to financing for growth, according to the latest…

#Access to Finance#bank#crisis


Polish Factoring Association publishes 2017 results

At the end of 2017 Polish factoring companies and members of the local factoring association PFA had advanced funds to... (more…)

#funding#international#international factoring


Piraeus Bank Romania completes portfolio sale

Piraeus Bank SA, in conjunction with Piraeus Bank Romania (together “the Bank”), have completed the sale of a portfolio of…

#bank#risk


EIF gives Estonian bank €8m for lending to SMEs

“The aim of the unsecured loan agreement concluded with the EIF is to support companies active in Estonia and... (more…)

#bank#EIF#European Investment Fund


New anti-money laundering and terrorism financing prevention Act is...

On 27 October 2017, the Croatian Parliament enacted a new anti-money laundering and terrorism financing prevention act... (more…)

#anti-money laundering


Trade credit insurer enters Romanian market

...which provides trade credit insurance, has entered the Romanian market... (more…)

#Atradius


Montenegrin Parliament adopts the new law on Factoring

The Montenegrin Parliament adopted the Act on Financial Leasing, Factoring, Purchase of Receivables, Microcredit and Credit-Guarantee Operations on... (more…)

#bank#credit risk#guarantees


EBRD praises improvement of factoring and leasing legislation in...

The European Bank for Reconstruction and Development (EBRD) said on Wednesday (1 Nov. 2017) that the Montenegrin... (more…)

#Access to Finance#bank#guarantee


EIF signs new partnership to support Romanian SME financing

The European Investment Fund (EIF), part of the European Investment Bank group (EIB), said it has concluded new partnerships with...…

#EIF#ING


Split payment law expected to hinder factoring development in...

Almost 250 participants from 70 companies were attending the 8-th International Factoring Congress... (more…)

#anti-money laundering#international#invoice


More than a quarter of Romanian invoices are paid...

More than a quarter of all invoices issued in Romania are paid late or... (more…)

#invoice

Factoring company announces US1$m factoring facility to a Bulgarian...

...announced that it has provided a $1 million factoring facility to a textile manufacturer of women’s fashion...  (more…)

#cash-flow#liquidity#payment terms

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